BANGOR – An official committee of Great Northern Paper Inc.’s unsecured creditors is appealing a federal bankruptcy judge’s decision to allow Belgravia Paper Co. to be paid a $5 million breakup fee if it is not the eventual buyer of GNP. The committee is petitioning… Read More
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GNP creditors appeal ruling Breakup fee has ‘chilling effect’
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GNP creditors appeal ruling Breakup fee has ‘chilling effect’